Adani Power initial public offering (IPO) witnessed huge investor interest and was subscribed 4.55 times on the second day of subscription. The issue received bids for 1,13,15,07,130 shares as against the issue size of 30,16,52,031 shares, as per the data available on the NSE website. Ti…
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Adani Power IPO: Invest now or wait for listing?
Posted on: July 28th 2009 in Stock Views.
ET: The much-awaited big-ticket IPO from the Adani group opened on Tuesday amid high expectations from the group that saw its earlier offering, the Mundra Port & SEZ (MPSEZ) issue, being oversubscribed a record 116 times in November 2007. Adani Power has completed allocation of shar…
Adani Power fixes IPO price band at Rs 90-100/sh
Posted on: July 23rd 2009 in Press Releases.
Adani Power, a flagship company of Adani Group, has fixed IPO (initial public offering) price band at Rs 90-100/share. The minimum IPO bid slot set at 65 shares, reports CNBC-TV18. A power project development company, promoted by Adani Enterprises Limited, with total revenues of Rs 196 b…
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